The Best Charting Tools For Crypto Traders

Charting tools can help you better understand the short-term movements of cryptocurrency and make better trading decisions. In this guide, let’s walk through the best charting tools for crypto traders — ranked based on factors like price, features, and ease of use.

TradingView

TradingView is by far the most popular charting and technical analysis tool for traders. It is considered an essential tool for traders of all levels. The platform is easy-to-use and offers 10+ chart types, 100+ pre-built indicators, and 90+ drawing tools. 

TradingView offers a free and subscription version ($12.95-49.95 a month).

Listing all of TradingView’s features would take hours to get though. It’s best if you check them all out on their website.

Coinigy

Coinigy is another popular technical analysis tool that comes with additional features to help you execute your strategies. 

Coinigy’s charting service uses custom data feeds to closely integrate with over 45 cryptocurrency exchanges. Because Coinigy is built specifically for cryptocurrency trading, it allows traders to monitor a wide variety of different coins and tokens. 

In addition to using the same indicators available on TradingView, users can set up SMS text alerts on custom events as well as execute trade orders across their exchanges.

Currently, Coinigy offers a 7-day free trial access to the platform. After, you’ll need to pay $18.66 a month to receive full access to Coinigy’s features.

BitBo

BitBo is a charting tool that’s designed specifically for Bitcoin. Paid subscribers get access to dozens of exclusive charts, trading alerts on email and telegram, and TradingView scripts. 

BitBo offers paid subscriptions at $29 a month and $49 a month.

GoCharting 

GoCharting is a charting tool that supports traditional assets, stocks, and cryptocurrencies. 

GoCharting allows you to build customer trading tools with Lipi — a scripting language designed specifically for traders. That means GoCharting is a great option for advanced traders who want to create their own custom indicators. 

GoCharting has a free version — with paid plans at $17 and $30 a month. 

How will charting tools help me become a better trader? 

Charting tools give you the ability to visualize price movements, identify trends, and make data-driven trading decisions. Here’s how using charting tools can improve your trading strategy:

✅ Identify Trends & Patterns: Charting tools can help you recognize the right time to enter and exit positions. By studying price action, you can spot common patterns and make short-term price predictions. 

✅ Use Technical Indicators: Charting platforms offer indicators like moving averages, RSI, and MACD — designed to help you make educated guesses about where the market may be headed. 

✅ Set It & Forget It: Some charting tools let you create alerts based on price levels or technical indicators, helping you stay informed without constantly watching the charts. Advanced platforms also offer scripting capabilities, allowing you to backtest and automate trading strategies.

What’s the best crypto charting tool?

The best charting tool depends on your experience level, trading goals, and budget. Each platform offers different strengths:

• TradingView is the go-to choice for most traders, with powerful charting tools and an easy-to-use interface.
• Coinigy is best for those who need a complete platform for analysis and executing trades. 
• BitBo is best for Bitcoin-focused traders. 
• GoCharting is best for advanced users who want to build custom indicators with Lipi scripting.

How do I choose the right crypto charting tool? 

Not sure which charting tool is best for you? Consider the following questions: 

✅ What’s my budget?: Some tools offer free versions, while others require a subscription for full access.
✅ What are my trading goals?: Do you need multi-exchange support, mobile access, or custom scripting?
✅ How advanced am I?: Beginners should use TradingView, while experienced traders might prefer Coinigy or GoCharting (or alternatively, use an advanced platform like Insilico Terminal that integrates with TradingView). 

What are some other tools I should consider as a crypto trader? 

Let’s walk through some other tools you may want to consider as a crypto trader. 

Cryptocurrency cold wallet: A cold storage wallet like Ledger or Trezor can be used to hold your private keys offline — protecting you from online threats. 

Trading bots: Crypto trading bots like Coinrule and 3Commas can automate your crypto trading strategy — allowing you to make trades faster than a human being can! 

‍Portfolio tracker/tax reporting: A portfolio tracker/crypto tax software like CoinLedger can help you track your gains and losses and generate a complete tax report from your trading activity in minutes.